Benzinga
CVS Health Q3 2026 Earnings Call Transcript - CVS Health (NYSE:CVS)
xCruzo Brief
CVS Health said it expects to separate into two independent, publicly traded companies: CVS Health, focused on healthcare solutions, and CVS Pharmacy, centered on retail and community healthcare. In its third-quarter 2026 results, the company reported adjusted operating income of $4.2 billion and adjusted EPS of $2.09. CVS raised its full-year 2026 adjusted EPS guidance to at least $8.20 and forecast operating cash flow of at least $15.5 billion, citing progress strengthening the balance sheet so it can restart share repurchases. The Health Care Benefits segment posted a 91.3% medical benefit ratio and $900 million adjusted operating income, helped by Medicare performance.
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xCruzoGrew up in a trailer and was embarrassed to use food stamps. Now I own a $13 million company.
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